8
Beds
3
Baths
5
Parking
244 m²
Floor area
About this property
Remarkable investment property generating impressive rental income of R9,300 per month. Features 7 outside rental rooms (3 downstairs, 4 upstairs) with individual room rentals ranging from R1,000 to R2,000 per month.
Main house includes: well-appointed kitchen with ample cupboard space, 2 generously sized bedrooms, separate full bathroom, inviting lounge and dining room, and additional lounge area with charming thatch roof. Property has historical tavern use and comes with a liquor license.
Amenities: 2 geysers, beautifully tiled yard, secure parking for up to 4 cars with CCTV cameras. Conveniently located near schools, petrol stations, taxi ranks, bus stops, hospitals, clinics, and police station.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 97.7% purchase price, 2.3% buying costs.
- Asking price R 960 000
- Deeds Office (transfer) R 834
- Conveyancing (est., incl. VAT) R 21 252
- Deeds lodgement R 52
- Total indicative R 982 138
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 2 271 737
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 864 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.